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Fei USD (FEI) Up 0.22% Tuesday: What's Next?

Tuesday, May 10, 2022 10:39 AM | InvestorsObserver Analysts
Fei USD (FEI) Up 0.22% Tuesday: What's Next?

Fei USD (FEI) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Stablecoins has added 0.22% to $0.9854697492.

volatility - 2
InvestorsObserver is giving Fei USD a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Fei USD!

Low Volatility

InvestorsObserver gives Fei USD a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. FEI's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Fei USD price is in a favorable position going forward. With support around $0.976312523036128 and resistance around $0.989899342208034. This leaves Fei USD with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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